Moving inside a predefined path. Considering the negative interest rate, Wont move out of the channel yet but by april or may, Once BOJ gives a decisive raise in rates, can see the breakout for a decent move on the upside
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Wedge with Falling Flag Pattern 📌 Symbol/Asset: JPYINR 🔍 Description: Currency given falling wedge breakout and now in a falling flag pattern 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Wedge 📌 Symbol/Asset: JPYINR 🔍 Description: Strong Breakout 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Bullish Bat In JPYINR Buy PRZ - 0.56440/0.56738 SL - 0.55456 Target - 0.59149/0.60
Attention, Trader! An incredible chance has emerged, and it's time to act swiftly. The JPYINR pair has reached a crucial support area, presenting a golden opportunity for a long position. Take a calculated risk and dive into this promising trade. Don't hesitate, don't second-guess. This is your moment to shine. Trust your instincts and make a move. With the...
Japanese Yen to Indian Rupee pair (JPYINR) has been forming rising wedge for some time on the Daily time frame. This is also supported by fall in momentum as shown in the RSI. The pair has rejected bulls for last few days. Conditions look ripe for a fall in price toward wedge target zone of 0.6140 on the JPYINR spot pair. SL may be kept above Friday high, around 0.64.
Seems like JPY-INR can touch 0.59/0.6 in the next few weeks... Any news?
falling channel pattern in jpyinr . jypinr making lower low &lower high.
The JPYINR pair has just broken out of a downside wedge (classical charting). Wave counts indicate a complete ending diagonal (Elliotwave count) with all subwaves visible. Moves following the completion of diagonals are fast and we can expect a quick move to the 60.00 - 61.00 as an initial target subject to the recent low of 54.63 holding
JPYINR currency spot pair has formed a head and shoulders bottom on the 4H time frame. The price broke out of the resistance line today. It would make sense go long on a retracement back to the trendline for a measured move target of 0.60 on the spot pair.
JPYINR Can be Bought as it has taken Support after Long Fall.
Double bottom forming Target 66₹ Bull run is starting from today Buy as much as you can Run up will start anytime soon
JPYINR is near about support it also take suport .It's about near chnage trend bcz after a long time JPYINR show bullish cnadle.
JPYINR short, target 0.63650, sudden fall possible, short. Don't enter in buying, it may huge loss. My personal view, your trade will be your responsibility
Break of downtrend channel Break of previous resistance area Area of resistance may act as a support now Risk to reward excellent
JPYINR WEEKLY ANALYSIS | DATE 15-11-2021 | Valid for 1 week Please trade based on the Ichimoku levels and your buy/sell place should be on the market direction.